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Due to precautions related to COVID-19, we have expanded our options for remote consultations. Please contact our office to discuss whether a full phone consultation or video conference is appropriate for your situation.
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Phone: 805.492.7045
Due to precautions related to COVID-19, we have expanded our options for remote consultations. Please contact our office to discuss whether a full phone consultation or video conference is appropriate for your situation.

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Credit Card Debt & Bankruptcy

Credit cards help people achieve a lot of things. They can buy holiday gifts for multiple people, and give nicer gifts than they might otherwise be able to give if they had to save up to get them. At first, monthly payments might not seem so bad. But emergencies happen, and there is another charge. Payments go up. Interest rises. It can seem like the only way out is credit card bankruptcy. How to Get Rid of Credit Card Debt Through Bankruptcy? By the time most people start to consider bankruptcy for......

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Bankruptcy Fraud - Chapter 7 & chapter 13

Filing bankruptcy can be a big relief to those who have become overwhelmed with bills or have faced difficult circumstances which have made it difficult to pay all of their debts according to the original agreements they made with their creditors. Bankruptcy can reorganize and even forgive many debts, and give the filer an opportunity to set the reset button on their finances. When you file bankruptcy, the process requires that you lay all your cards on the table. You have to be honest about what you have, and what you owe.......

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Mortgage Debt Forgiveness Relief Act 2020

Mortgages are something that millions of people deal with every month. A mortgage makes it possible to buy the home you want without having to have a ton of money up front. That being said, mortgage payments can be difficult to keep up with, especially if your work and money flow are interrupted as many have been during the current pandemic. Debt forgiveness is possible no matter what the current climate is and making sure you understand it can help you to figure out if this process is right for you. What......

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PPP loan forgiveness requirements- Are PPP loans dischargeable

Making the most of any situation can help you not only get through, but can also help you get out on the other side in better shape. When it comes to living through a pandemic as we currently are, money can get tight and it can be difficult for many to pay off loans, take care of monthly payments, and just survive honestly.  PPP loans, or paycheck protection program loans can help you make it through, but what about in cases of bankruptcy and what are the requirements of PPP loan forgiveness? PPP Loans During Bankruptcy......

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Lower Your Financial Risk in This Pandemic- Critical Finance Tips for Small Businesses During COVID-19

Lower Your Financial Risk in This Pandemic The impact of COVID-19 to American small businesses can’t be understated. Almost half of small businesses are likely to be directly impacted negatively by the pandemic if not already. Out of 5.3 million surveyed in one Pew Research study, 2.4 million confirmed the same. And the basis of that information is dated coming from the federal government, so the impact is probably higher. Of the affected population, 1 million are in the worst situation being in consumer services like tourism, restaurants, retail and accommodation. All......

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What Happens to a Tax Refund in California Bankruptcy

Those caught between the pinch of filing income tax form timely as well as dealing with a bankruptcy definitely can claim the title of being stuck between a “rock and a hard place.” The most common question that comes up in these situations tends to revolve around what happens with a tax refund if one is due based on the filings for the previous year. Normally, a California bankruptcy is filed in Federal court with some California rules applied, meaning ones entire financial picture has to be reorganized and cleared. Note that when a person files for bankruptcy it is......

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Financial uncertainty is something that millions of people are currently facing during the Coronavirus pandemic. Those families and individuals that were living paycheck to paycheck or doing a balancing act to stay ahead may have very well fallen behind on critical payments. While waiting for economic stimulus plans or other one time payments might help in the short term, we are currently dealing with a long term problem that does not look like it is going to ease up any time soon. This leaves groups of people that are out of work......

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chapter 7 bankruptcy papers

Chapter 7 Bankruptcy is considered the best last-ditch choice for consumers who are experiencing financial difficulties. Bankruptcy offers a fresh start and the possibility of liquidating debt. It’s important to understand the trade-off, though. Even though it offers a clean slate, a bankruptcy involves costs both in terms of the cost to file as well as the way it affects your credit score. There are unique situations where Chapter 7 Bankruptcy might be the best choice in your situation. Debtors may file bankruptcy when they are overextended on credit, when they have overwhelming and unexpected expenses,......

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All about Mortgage Loan modification

Home-ownership is at an all-time high of 65.1%, but that rate is also linked to mounting mortgage costs. Americans hold an estimated $10 trillion in mortgage debt for a family residence. The average mortgage for first-time homeowners is $260,386, but the combined cost of the mortgage, utilities, and insurance can range upwards of $1,500. While the mortgage payment may be a stretch during “normal” circumstances, a financial difficulty can lead you with few options. It could be something as simple as a medical emergency, death or injury in the family, or a......

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Can a client himself file for bankruptcy?

Before we find out, how a client can file for bankruptcy himself, let’s get a better understanding of this subject for better clarity. Well, we all know that debt can be extremely frightening and can give you sleepless nights. But, don’t worry; there are legal ways to get you out of trouble and harassment that you might face from various creditors or investors. Circumstances for filing bankruptcy may vary depending on an individual basis. So let’s have a read! When an individual files for bankruptcy, they legally confirm that they are unable......

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